Thrive Capital
Thrive Capital is a venture investment firm that invests in internet, software, and technology-driven companies.
Portfolio companies (1)
Funding rounds (2)
Round size: $400M
Round size: $70M
Related news
Zero Revenue, $20 Billion Valuation: Physical Intelligence's New Funding Round Sparks Debate Over Robotics AI Valuations
Physical Intelligence is in early-stage talks to raise at least $1 billion at a nearly $20 billion post-money valuation, with existing shareholders Lux Capital and Avenir discussing lead-investor roles. The revenue-free startup develops pi-zero, a hardware-agnostic robot foundation model that recently opened external developer testing. Investors are betting on its cross-task generalization, while physical-data scarcity, real-world reliability and the lack of a commercialization roadmap remain major risks.
$1.2B Valuation in 3 Months: Amid the Robot Gold Rush, Motion Data Sellers Are the First to Strike It Rich
XDOF, a robot training data company founded in 2024 by UC Berkeley researchers, is nearing a $1.2B valuation just three months after exiting stealth mode, driven by nearly $50M in annualized revenue from providing physical motion data to robotics companies and AI labs. The company operates as a 'robot infrastructure company' providing teleoperation-based data collection services, comparing itself to Scale AI's role in the large language model era. While the current $1.2B valuation reflects late-stage financing discussions rather than a closed round, investors are betting that XDOF can transform labor-intensive data collection into a standardized platform with resellable data assets.
XDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuation
The round is being raised just months after the robot data startup exited from stealth.